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As of January 22, 2015, ProShares Trust - ProShares UltraShort Russell2000 Value has gone out of business. ProShares Trust - ProShares UltraShort Russell2000 Value is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in public equity markets of the United States. It takes short positions and uses derivatives such as swap agreements to invest in stocks of companies operating across diversified sectors. The fund invests in value stocks of small-cap companies. It also invests in money market instruments. The fund seeks to replicate twice the inverse of the daily performance of the Russell 2000 Value Index, by using synthetic replication technique. It was formerly known as ProShares Trust - UltraShort Russell2000 Value ProShares. ProShares Trust - ProShares UltraShort Russell2000 Value was formed on February 20, 2007 and is domiciled in the United States.
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